TVS iQube Electric: Complete Monthly EMI Details with Loan, Interest

new Delhi: TVS iQube Electric can be added to the list of most popular electric scooters in India. You can expect a good range in terms of daily commute with this scooter. This scooter can run up to 80KM. TVS’s iQube Electric has a 4.4 kW electric motor for power on a single charge. The maximum speed of this electric scooter is 78 kilometers per hour. This electric scooter can accelerate from 0 to 40 kmph in 4.2 seconds.

Connectivity Features

This scooter works on the next generation TVS SmartXonnect platform. It has an advanced TFT cluster. It comes with a host of features that can be accessed through the TVS iCube app including Geo Fencing, Remote Battery Charge Status, Navigation Assist, Last Park Location, Incoming Call Alert / SMS Alert.

advanced payment

You can plan to buy this affordable electric scooter with a nominal down payment of Rs 15,000. The scooter costs Rs 1,45,778. For the balance amount you have to take a loan, which you can repay in easy installments, aAfter down payment.

monthly installment

Your monthly EMI will be Rs 2,759 per month If you take this scooter on loan for 1 month. After paying this EMI for 60 months, i.e. 5 years, You will pay Rs 1,65,540. That is, you will have to pay an additional Rs 34,762 as interest on the loan. An interest rate of 9.7% is applicable on the loan amount.

First published:March 10, 2022, 11:42 am

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